WorldACD reported global airfreight volume in April increased by 3.3 per cent year-over-year (YoY), slightly lower than the growth in Q1, with the origin Europe (4.1 per cent) and the destination North America (12.6 per cent) as the best performing areas. Yields continued to drop: measured in USD, they have now lost almost 11 per cent of their early 2014-values. Excluding surcharges, however, yields in USD increased by 1.4 per cent YoY during the first four months of 2015. In line with … [Read more...] about Airfreight yields continue to drop
April 2015
APAC air cargo markets grow in April
Preliminary traffic figures for the month of April released by the Association of Asia Pacific Airlines (AAPA) showed encouraging growth in both international passenger and air cargo markets. Air cargo markets continued to grow, in spite of April being a seasonally subdued month. In freight tonne kilometre (FTK) terms, demand was 3.7 per cent higher than the same month last year. Offered freight capacity expanded by 4.7 per cent, leading to a slight 0.6 percentage point decline in the … [Read more...] about APAC air cargo markets grow in April
SIA cargo traffic up 4.3% in April
Singapore Airlines reported April cargo traffic (measured in FTK) rose 4.3 per cent year-on-year to 517.3 million, as compared to a 4.7 per cent increase in capacity. Cargo load factor slipped 0.3 percentage points to 61.4 per cent last month. Load factor improved for South West Pacific (5.9 per cent) and West Asia/Africa (3.3 per cent) regions, but fell for East Asia, Americas and Europe, as demand did not keep pace with capacity changes. SIA’s systemwide passenger carriage … [Read more...] about SIA cargo traffic up 4.3% in April